Originally posted by @Stephanie Medellin:@Crencenthia Brown  You shouldn't need to find any special program to help with closing costs, just have her real estate agent structure the offer with the seller paying her closing costs. 

Gammon,My name is Kamal Bush and I read your very interesting commentary in the housing market in Medellin, Colombia.

I keep hearing good things about Columbia and I know some folks from my area who are investing there in Medellin and they have nothing but positive things to say (Now that FARC is pretty much done it's a lot safer and since they had the civil war going on for so long until just recently there is a lot of new opportunity there). 

Quote from @Stephanie Medellin: Quote from @Ron S.: you have no duty to move forward unless you sing loan docs and in the case of a refinance, not even then for the first three days after.

Quote from @Stephanie Medellin: @Nathaniel C.  

@Juan Maldonado I lived in Bogota for some time but I prefer Medellin to live.I've been keeping an eye on a handful of properties for sale in Medellin (various areas, none of them special by any means; I just wanted to track them and get context on how the market moves) and here's what I noticed:1) Not one of the 12 properties on my list sold over the 10 months I have been tracking them2) The prices seem negotiable 3) The prices in COP terms have stayed the same over the last year.

Ya know its funny you say that because I have a trip planned to go to Cartegena Colombia, and visit Bogota, Medellin, and coastal communities on Jan 29th though may have to push it back a month.

Hello @Daniel Achury ,I have actually been to Medellin.

@Medellin HeelFrank Gallinelli's book on cash flow is the source for understanding income properties.

Example:  I've been investing in Medellin, Colombia since 2015 and have realized 20%-40% returns with a fraction of the downside of the US because of the lack of leverage (3% of Colombians have a mortgage.)